Products and services for the environmental market

Welcome

Envex is a key service provider to emerging energy and environmental markets. Our goal is to foster markets that are deep, liquid, efficient and transparent.

For some time, Australia has been at the forefront of environmental markets. The Federal Government introduced the world leading Mandatory Renewable Energy Target in 2001, and in 2003 the NSW Government introduced the world’s first mandatory carbon trading scheme. In the late 1990s Australia deregulated its electricity industry and established one of the world’s largest interconnected electricity markets. Consequently, strong over the counter (OTC) and exchange traded markets have emerged, with the support of professional dealers, brokers and service providers.

In November 2008, Envex and FEX launched the Mercari Environmental ECN which is set to revolutionise Australia’s OTC environmental market. For the very first time, all major traders, dealers, and brokers have access to a central pool of liquidity via an anonymous electronic trading facility.

In November 2010, Envex acquired a controlling stake in Nextgen which is a leading energy and environmental brokerage firm. Envex followed this with the acquisition of the Waterexchange which provides one of Australia’s oldest and most respected marketplaces for the trading of water allocations.

Envex is now working to integrate these businesses and to expand its product offerings, with plans to launch a new range of services aimed at increasing our client’s ability to manage financial risk within their operations. What’s more, we’re working closely with our shareholders, notably Financial and Energy Exchange, introduce a range of exchange traded energy and environmental contracts. We want to provide Australian companies with access to a truly integrated range of products and services.

Envex is grateful for the support of our initiatives and will continue to work with market participants to meet market needs. This is in line with our core philosophy of building a business to meet the needs of the market, rather than trying to make the market fit ours.